Good Times Restaurants Inc. (GTIM) Trading 5.6% Higher
Good Times Restaurants Inc. (NASDAQ:GTIM) shares traded up 5.6% during trading on Monday . The company traded as high as $4.01 and last traded at $3.95, with a volume of 57,831 shares. The stock had previously closed at $3.74.
A number of research analysts have recently commented on the stock. Zacks Investment Research upgraded shares of Good Times Restaurants from a “sell” rating to a “hold” rating in a report on Wednesday, May 11th. Dougherty & Co restated a “buy” rating on shares of Good Times Restaurants in a report on Monday, May 9th.
The firm’s market cap is $49.06 million. The stock has a 50-day moving average of $3.49 and a 200 day moving average of $3.84.
Good Times Restaurants (NASDAQ:GTIM) last announced its quarterly earnings data on Tuesday, May 10th. The company reported ($0.05) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.02. The firm earned $15.32 million during the quarter, compared to analysts’ expectations of $15.58 million. On average, equities analysts anticipate that Good Times Restaurants Inc. will post ($0.12) earnings per share for the current year.
In other news, CFO K Zielke James acquired 20,000 shares of the firm’s stock in a transaction on Thursday, May 19th. The shares were bought at an average price of $3.00 per share, for a total transaction of $60,000.00. Following the acquisition, the chief financial officer now owns 73,644 shares of the company’s stock, valued at approximately $220,932. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Gary J. Heller sold 10,000 shares of the firm’s stock in a transaction on Monday, June 13th. The shares were sold at an average price of $3.48, for a total value of $34,800.00. Following the completion of the transaction, the director now owns 12,667 shares in the company, valued at approximately $44,081.16. The disclosure for this sale can be found here.
Good Times Restaurants Inc operates and franchises Good Times Burgers & Frozen Custard restaurants and Bad Daddy’s Burger Bar concept. The Company operates through two business segments: Good Times Burgers and Frozen Custard restaurants (Good Times) and Bad Daddy’s Burger Bar restaurants (Bad Daddy’s).
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